$750,000
5016 E Olympic BL
Los Angeles, CA, 90022
Rare freestanding 2,248 SF commercial building on high-visibility Olympic Blvd 26,000+ cars daily, 50′ of frontage, and three flexible suites. Ideal owner-user opportunity for an artist, creative business, or any commercial user looking to own rather than rent. Can be delivered fully vacant or with two long-term tenants in place renting well below market significant upside on rollover with submarket rents at $25$30/SF. Occupy one suite and let tenants help cover the mortgage, or take the whole building as a studio, gallery, workshop, or creative compound. Single-story masonry construction built in 1951 with 12′ ceilings, raw character, and on-site parking off the rear alley. LCM1 zoning supports retail, office, service, and creative uses. Minutes to DTLA, the Arts District, and Boyle Heights with easy 5/60/710 access. Vacant or income-producing your call. Bring your vision.
Property Details
Price:
$750,000
MLS #:
26828753
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
elaeastlosangeles
Listed Date:
May 2, 2026
Total Sq Ft:
2,250
Lot Size:
2,845 sqft / 0.07 acres (approx)
Year Built:
1951
Schools
Interior
Exterior
Parking Spots
2
Parking Total
2
Financial
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Commercial in Los Angeles as of May 25, 2026
269
Commercial Listed
150
Avg DOM
$2,594,157
Avg List Price
Community
- Address5016 E Olympic BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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Property Summary
- 5016 E Olympic BL Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90022. It is listed for $750,000 To schedule a showing of MLS#26828753 at 5016 E Olympic BL in Los Angeles, CA, contact your James Outland agent at 8057482262.
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 5016 E Olympic BL
Los Angeles, CA



